Schneider Electric (EPA:SU) has been assigned a €81.00 ($98.78) price objective by research analysts at Berenberg Bank in a research note issued to investors on Tuesday. The firm presently has a “buy” rating on the stock. Berenberg Bank’s target price would suggest a potential upside of 12.03% from the stock’s previous close.
Several other research firms have also issued reports on SU. Bank of America set a €84.00 ($102.44) price target on Schneider Electric and gave the company a “buy” rating in a report on Tuesday, January 9th. JPMorgan Chase set a €80.00 ($97.56) price target on Schneider Electric and gave the company a “buy” rating in a report on Thursday, April 19th. Citigroup set a €75.00 ($91.46) price target on Schneider Electric and gave the company a “neutral” rating in a report on Thursday, January 11th. Societe Generale set a €85.00 ($103.66) price target on Schneider Electric and gave the company a “buy” rating in a report on Tuesday, January 9th. Finally, Goldman Sachs set a €85.00 ($103.66) price target on Schneider Electric and gave the company a “buy” rating in a report on Friday, January 12th. Six research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of €79.20 ($96.59).
EPA:SU opened at €72.30 ($88.17) on Tuesday. Schneider Electric has a 52-week low of €64.88 ($79.12) and a 52-week high of €76.34 ($93.10).
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Schneider Electric S.E. provides energy management and automation solutions worldwide. It operates through four businesses: Buildings, Infrastructure, Industry, and IT. The Building business provides low voltage power and building automation products and solutions that address the needs of various end markets from buildings to industries and infrastructure to data centers.
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